The Off Topic Topic

[Savonarola]

I am now an assistant professor of English at a South Korean university.

Congratulations, Tim

Is this purely a teaching position; or will you be doing research as well?

[jimmy olsen]

I am now an assistant professor of English at a South Korean university.

Congratulations, Tim

Is this purely a teaching position; or will you be doing research as well?

Just teaching.

[The Brain]

How is the student body?

[dps]

I am now an assistant professor of English at a South Korean university.

Congratulations, Tim

Is this purely a teaching position; or will you be doing research as well?

Just teaching.

Tenure?

[alfred russel]

Why did you put this in OT?

I posted it in the wrong thread.

[alfred russel]

So here is a dumb legal question...what generally happens to a lock up provision for a corporation in a personal bankruptcy?

For example, there are two 50-50 owners of a corporation - shared decision making. The shareholders agreement states that neither can transfer ownership or control of the shares without the approval of the other.

One of the owners goes into personal bankruptcy. I'd think ordinarily those shares would be transferred to a trust of some sort, but in this case that would be prohibited by the shareholders agreement (assuming the other owner does not approve).

[Sheilbh]

I am now an assistant professor of English at a South Korean university.

Congrats.

[Eddie Teach]

I hope you're not still pursuing the no insurance climbing gym option.

[Syt]

I am now an assistant professor of English at a South Korean university.

[Valmy]

Congrats Professor Tim!

[ulmont]

So here is a dumb legal question...what generally happens to a lock up provision for a corporation in a personal bankruptcy?

For example, there are two 50-50 owners of a corporation - shared decision making. The shareholders agreement states that neither can transfer ownership or control of the shares without the approval of the other.

This isn't what bankruptcy considers to be a "lock-up agreement", FYI.  In bankruptcy terms a lockup agreement is a contractual agreement to a particular negotiated bankruptcy settlement or a "prepackaged bankruptcy."

One of the owners goes into personal bankruptcy. I'd think ordinarily those shares would be transferred to a trust of some sort, but in this case that would be prohibited by the shareholders agreement (assuming the other owner does not approve).

Depends on the state.  In some states the trustee is barred from just auctioning the shares; in others the shares are going and the best you can hope for is getting a right of first refusal.

[alfred russel]

Thanks ulmont...in accounting literature they are called "lock up provisions" which was not helpful when googling this.

[grumbler]

I am now an assistant professor of English at a South Korean university.

Congratulations, Tim

Is this purely a teaching position; or will you be doing research as well?

Just teaching.

Tenure?

Good question.  In US universities, assistant professor is a tenure track position, but don't know what the Korean convention is.

[Razgovory]

In my opinion, the Koreans need to work harder at inspiring pigs.  What I have here in front of me is just not cutting it.  Hopefully, Tim's new position will rectify this problem.

[jimmy olsen]

I am now an assistant professor of English at a South Korean university.

Congratulations, Tim

Is this purely a teaching position; or will you be doing research as well?

Just teaching.

Tenure?

Good question.  In US universities, assistant professor is a tenure track position, but don't know what the Korean convention is.

Nah. It's one year contracts.  Even though the contract calls me an assistant professor in the English translation, I'd be surprised if that's a literal translation, rather than the Korean more precisely meaning instructor or something similar.